Loans with car as collateral
XCELSIOR offers loans where you use your car as collateral as an alternative to conventional loans Financial institutions, such as banks, due to the credit crunch and many credit regulations in South Africa, are reluctant to lend money to people who do not earn salaries and have less than perfect credit scores. Small business owners […]
We answer your questions like: “How to pawn my vehicle in Cape Town?”
With the holiday season just around the corner, Cape Town is busier than ever. If you plan to break away from the hustle and bustle of Cape Town for the holiday season and want extra cash for the period, you have the options to apply for a loan from the bank or borrow against your […]
Easy process to have a loan secured on your vehicle
It is possible to have a loan secured on your vehicle without having to go through a lengthy application process. When you make use of our services, the process can be completed in five easy steps. Step 1 Complete the online application form to start the process. A consultant will call you to complete the […]
How can I borrow money against my car? And other frequently asked questions
Accurate information is essential for decision making, especially when it comes to money and using your vehicle as security for a loan. We thus briefly answer frequently asked questions about pawning your vehicle for cash in South Africa to help you get started. Can I borrow money against my car if it is still under […]
How to get a quick loan with collateral even if you are self-employed
Did you know that you can get a quick loan with collateral even if you have a poor credit history? And did you know that you can get the money in your bank account within 30 minutes of approval? Though it is a relatively new concept in South Africa, you can borrow money against your […]
Why consider a collateral loan in Gauteng?
Banks have made it difficult for people in Gauteng to apply and get approval for loans because of their strict lending criteria. Many people also do not qualify for the normal month-end loan deals because they do not have payslips. As a result, more and more people now make use of collateral loans in Gauteng. […]
Why and how to use your car as security for a loan
Your vehicle is an asset with value. If you need cash fast, you can use your car as security for a loan, instead of applying for another overdraft facility or personal loan. Perhaps the bank threatens with judgements against you for one of your credit cards and you cannot access more credit, you can either […]
Secured loans could be the answer you are looking for
Question: Do you find yourself in a situation where you need cash fast? Maybe you need it just for a short period to tide things over. Perhaps you are facing some unexpected big expenses suddenly, or you simply need to get to the end of the month. Or perhaps there is an opportunity that came […]
“What benefits are there when I pawn my car?” And other questions
They say money makes the world go around, and in many instances, it is true. We have all had those moments in life where a little extra cash would make all the difference. Those times when a brilliant opportunity or offer comes along unexpected. Or when there’s suddenly an unforeseen expense (or two) and you […]
How do I go about taking a loan against my vehicle, and is it safe ?
Sometimes, when we least expect it, life presents us with a great opportunity. But often, because it is unexpected, we are not quite prepared for it. Or maybe the opposite is true – things will be fine, but right now, you are finding it a challenge to make ends meet until the next payday. It […]
